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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net loss $ (38,511) $ (9,989) $ (8,513)
Adjustments required to reconcile net loss to net cash used in operating activities:      
Depreciation 56 49 56
Capital gain on sale of property and equipment (10) (43)
Loss on Fixed Asset Disposal 3
Cost of options issued to employees, directors and others as non-cash compensation 1,507 2,468 2,873
Amortization of debt discount related to convertible bonds 385 325 357
Change in derivative liability (1,521) 971 (731)
Impairment of unproved oil and gas properties 30,906
Change in assets and liabilities, net:      
Other deposits 260 (540)
Prepaid expenses and other (27) (87) 13
Governmental receivables 876 (1,175) 185
Other receivables (20) (51) 45
Severance pay, net 2 21
Accounts payable 75 15 (181)
Accrued liabilities 178 (38) (411)
Asset retirement obligation   (4)
Net cash used in operating activities (5,833) (8,060) (6,333)
Cash flows from investing activities      
Acquisition of property and equipment (19) (65) (26)
Proceeds from sale of property and equipment 14 44
Investment in unproved oil and gas properties (15,931) (10,820) (1,192)
Net cash used in investing activities (15,950) (10,871) (1,174)
Cash flows from financing activities      
Proceeds from sale of 10% Senior Convertible Bonds 3,470
Payments related to capital lease (9) (22)
Deferred offering cost (2)
Proceeds from exercise of stock options 19 551 16
Proceeds from Rights Offering 3,038
Proceeds from issuance of stock and exercise of warrants 13,781 22,994 4,338
Net cash provided by financing activities 16,829 23,523 7,822
Net (decrease), increase in cash, cash equivalents and restricted cash (4,954) 4,592 315
Cash, cash equivalents and restricted cash - beginning of period 9,079 4,487 4,172
Cash, cash equivalents and restricted cash - end of period 4,125 9,079 4,487
Non-cash investing and financing activities:      
Cost of options capitalized to oil & gas properties 348 256 213
Unpaid investments in oil and gas properties 2,946 3,876 25
Debt discount related to the derivative liability 1,626
Acquisition of property and equipment under capital lease 71
Convertible Bond interest paid in shares 331 346
Capitalized convertible bond interest attributed to oil and gas properties 331 346
Deferred offering cost 136
10% Senior Convertible Bonds converted to shares $ 176 $ 149 $ 8